How To Quickly Find The Best Stocks And Chart Patterns To Buy Now

As stocks attempt to form a significant bottom since bouncing off their November 16 lows, many traders of stocks and ETFs may now be wondering how to find the best, most bullish chart patterns and stocks to buy now. Specifically, swing traders need to know which technical criteria and types of chart patterns they should be looking for, in order to find the best stocks to buy right now.

In the short (3 minute) video below, we will answer the question above by showing you a few basic examples of bullish chart patterns you should be looking for as market conditions improve. We will also show you a quick and easy way to screen for stocks and ETFs that meet our technical criteria for these patterns. Ticker symbols discussed in the video include: $AFFY, $LCC, and $AAPL.

Press the play button to view the video below (click the icon on bottom right of player window to view in full-screen mode for best quality):

We invite you to go ahead and try the FREE, web-based MTG Stock Screener shown in this video (no registration required). Also, be sure to check out the video tutorials section on the stock screener page as well.

After testing it out, we would love to hear any comments, feedback, or questions. Just drop us a line below. Sharing this article is always appreciated as well (click on your favorite social icon on left of this page).

Actually, the reality is there are hundreds of different technical indicators, each of which is effective to varying degrees. It’s really just a matter of personal preference as to which technical indicators a trader learns and consistently uses. But we already have a trading strategy that really works, and is quite simple in actuality. One could literally go crazy trying to learn too many different indicators (“analysis paralysis”). Overall, the main concept behind our stock screener was just SIMPLICITY.

There are already several other technical stock screening software programs on the market that provide the ability to use custom indicators such as moving average crossovers, Bollinger Bands, MACD, etc. But with our trading software, we wanted to make it as easy as merely pushing a button to receive the best breakout setups, pullback setups, or bounces into resistance (for short selling). Nevertheless, we are continually looking for ways to improve the internal algorithm, so we appreciate your input.

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